Everett Harris & Co. CA Sells 5,010 Shares of Accenture PLC $ACN

Everett Harris & Co. CA lessened its stake in shares of Accenture PLC (NYSE:ACN) by 1.3% in the 2nd quarter, Holdings Channel reports. The firm owned 367,058 shares of the information technology services provider’s stock after selling 5,010 shares during the period. Accenture makes up 1.4% of Everett Harris & Co. CA’s investment portfolio, making the stock its 14th largest holding. Everett Harris & Co. CA’s holdings in Accenture were worth $109,710,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Viawealth LLC grew its holdings in Accenture by 2.6% during the 1st quarter. Viawealth LLC now owns 1,307 shares of the information technology services provider’s stock valued at $408,000 after buying an additional 33 shares in the last quarter. Aprio Wealth Management LLC boosted its position in shares of Accenture by 2.1% during the 1st quarter. Aprio Wealth Management LLC now owns 1,640 shares of the information technology services provider’s stock valued at $512,000 after acquiring an additional 33 shares during the last quarter. First National Advisers LLC grew its holdings in shares of Accenture by 0.4% in the first quarter. First National Advisers LLC now owns 9,420 shares of the information technology services provider’s stock valued at $2,939,000 after purchasing an additional 34 shares in the last quarter. TCTC Holdings LLC increased its position in Accenture by 14.5% in the first quarter. TCTC Holdings LLC now owns 269 shares of the information technology services provider’s stock worth $84,000 after purchasing an additional 34 shares during the last quarter. Finally, Texas Bank & Trust Co raised its stake in Accenture by 0.4% during the first quarter. Texas Bank & Trust Co now owns 8,181 shares of the information technology services provider’s stock valued at $2,553,000 after purchasing an additional 35 shares in the last quarter. 75.14% of the stock is owned by institutional investors.

Accenture Trading Down 0.8%

Shares of NYSE ACN opened at $242.57 on Wednesday. The business’s 50 day moving average price is $245.10 and its 200-day moving average price is $273.93. Accenture PLC has a fifty-two week low of $229.40 and a fifty-two week high of $398.35. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $159.72 billion, a price-to-earnings ratio of 19.96, a PEG ratio of 2.16 and a beta of 1.28.

Accenture (NYSE:ACN) last released its earnings results on Thursday, September 25th. The information technology services provider reported $3.03 earnings per share for the quarter, topping analysts’ consensus estimates of $2.98 by $0.05. Accenture had a return on equity of 26.45% and a net margin of 11.02%.The business had revenue of $17.60 billion for the quarter, compared to analyst estimates of $17.34 billion. During the same quarter last year, the firm posted $2.66 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. Accenture has set its FY 2026 guidance at 13.190-13.570 EPS. Q1 2026 guidance at EPS. On average, sell-side analysts expect that Accenture PLC will post 12.73 earnings per share for the current year.

Accenture Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 10th will be issued a dividend of $1.63 per share. This represents a $6.52 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, October 10th. This is a positive change from Accenture’s previous quarterly dividend of $1.48. Accenture’s dividend payout ratio (DPR) is 53.66%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ACN shares. Wall Street Zen downgraded shares of Accenture from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Guggenheim reduced their price objective on Accenture from $305.00 to $285.00 and set a “buy” rating on the stock in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft lowered their price objective on Accenture from $260.00 to $235.00 and set a “hold” rating for the company in a research note on Friday, September 26th. The Goldman Sachs Group cut their target price on Accenture from $370.00 to $330.00 and set a “buy” rating on the stock in a research report on Friday, September 26th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Accenture in a research report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $294.25.

Insiders Place Their Bets

In other news, insider Manish Sharma sold 6,902 shares of the firm’s stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $250.01, for a total transaction of $1,725,569.02. Following the transaction, the insider directly owned 1,860 shares of the company’s stock, valued at approximately $465,018.60. This trade represents a 78.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ryoji Sekido sold 2,500 shares of Accenture stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $249.47, for a total transaction of $623,675.00. Following the sale, the chief executive officer directly owned 1,390 shares of the company’s stock, valued at $346,763.30. This represents a 64.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,319 shares of company stock worth $8,335,225 in the last three months. Corporate insiders own 0.02% of the company’s stock.

Accenture Profile

Accenture plc, a professional services company, provides strategy and consulting, industry X, song, and technology and operation services worldwide. The company offers application services, including agile transformation, DevOps, application modernization, enterprise architecture, software and quality engineering, data management; intelligent automation comprising robotic process automation, natural language processing, and virtual agents; and application management services, as well as software engineering services; strategy and consulting services; data and analytics strategy, data discovery and augmentation, data management and beyond, data democratization, and industrialized solutions comprising turnkey analytics and artificial intelligence (AI) solutions; metaverse; and sustainability services.